XXXVI, No 12, 25/06/2018

The great American depression: Offsets and technology transfers at historic lows

The 22nd annual report to Congress on the impact of offsets in defence trade shows that industrial participation involving U.S. defence exporters is now at a historic low. Compiled by the Bureau of Industry and Security, the belated report collects data from U.S. exporters that have associated offset arrangements. The major take-away from the report is that in 2016 offsets involving these exporters declined significantly across a number of metrics, including…